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How Oddle made oodles of money from helping F&B operators go online

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techinasia.com

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newsletter@techinasia.com

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Thu, Oct 13, 2022 11:36 PM

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More: An Indonesian furniture retailer declares bankruptcy and ShopBack’s CCO of five years ste

More: An Indonesian furniture retailer declares bankruptcy and ShopBack’s CCO of five years steps down. [Read from your browser]( Daily Newsletter --------------------------------------------------------------- Welcome to Tech in Asia's free Daily Newsletter! Get full access to our subscribers-only Daily Newsletter and other insightful analysis on the big and messy topics of Asia’s tech and startup community by [registering here](. --------------------------------------------------------------- Hello {NAME} An acquaintance was ranting to me the other day about how it seems like all tech startups want to do is to post promising growth numbers to attract big funding rounds. Whatever happened to gunning for profitability, he huffed. It’s not sustainable, he puffed. Well, hopefully today’s premium article about Singapore-based Oddle helps to soothe his frustration. In two years of operations, the restaurant tech startup’s food delivery solution has been in the black. Oddle achieved this by catering (pun intended) to a more premium user base, among other strategies. Read on to find out more. - Winston  ---------------------------------------------------------------  THE BIG STORY [Oddle built a profitable food delivery business. Here’s how]( Oddle’s profitable food delivery business has freed up resources to invest in reservations and payments - as well as lending.  --------------------------------------------------------------- TRENDING NEWS [Trust Bank hits 650k active users a month after launch]( In a single week, the platform racked up 17,900 weekly iOS downloads and 15,400 weekly Google Play downloads, as per Data.ai estimates. [SG Web3 firm raises $5m from Coinbase Ventures, others]( Gomu provides businesses with developer tools and APIs to build Web3-based wallets, apps, and services. [Byju’s to lay off 2,500 employees, consolidate several units]( The job cuts are aimed at helping the edtech titan achieve profitability by March 2023. [ByteDance to take on Spotify with music-streaming expansion]( The TikTok maker is in negotiations with music labels to roll out its music-streaming service globally, the Wall Street Journal reported. [Chinese ecommerce enabler sets up regional headquarters in SG]( Baozun is also in the middle of setting up its Philippine office, with expansion plans for Indonesia, Vietnam, and Thailand in the cards by 2023. [Google backs India-based test prep platform’s $35m round]( Adda247 helps users prepare for government and public sector exams. ---------------------------------------------------------------  IN PARTNERSHIP WITH Calling all edtech startups It’s an incredible time to be an edtech startup. In the wake of the Covid-19 pandemic, it’s undeniable that tech will play a key role in the education industry on the road ahead, especially in Asia. If you’re a player in this exciting field, here’s an opportunity for you. Edutech Asia, the largest conference and exhibition for educators and edtech providers in the region, will be held from November 9 to 10 in Singapore at the Marina Bay Sands. Edutech Asia provides an avenue for players in the sector to come together to exchange ideas, learn about new opportunities, and network. The event will feature a Startup Village exhibition supported by industry partners such as EduSpaze and AWS EdStart. Edtech startups at the village will be able to showcase their products and services to potential customers, partners, and investors across some of Asia’s major educational institutions and businesses. Keen on participating in the Startup Village and playing a role in the future of education? Learn more about exhibiting at Edutech Asia [here](. ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Tech journalist]( at Tech in Asia Kuala Lumpur, Malaysia - [Head of Pricing]( at Belanjaparts Jakarta, Indonesia - [Sr. 3D Artist]( at Agate Bandung, Java, Indonesia - [.NET Developer]( at MindX Ho Chi Minh City, Vietnam - [QA Automation - Insurance]( at SIGMATECH Jakarta, Indonesia - [Software Documentation / Technical Writer]( at Jubelio Jakarta, Indonesia --------------------------------------------------------------- [ADVERTISE]( | [SUBSCRIBE]( P.S. Don't miss out on the biggest tech news and analysis. Add newsletter@techinasia.com to your address book, contacts, or safe sender list. Or simply move us into your inbox. Too many emails? Switch to a different frequency or get new content through our [preference center]( or [unsubscribe](. You can also break our hearts and remove yourself from all Tech in Asia emails over [here](  ---------------------------------------------------------------  Copyright © 2022 Tech in Asia, All rights reserved. 63 Robinson Road, Singapore 068894

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